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Dynamic pricing would add friction to the guest experience, according to Capterra’s 2023 Dynamic Pricing in Restaurants. Sixty-five percent of consumers say dynamic pricing would make the decision of where and when to eat more difficult; 63 percent say it would make it harder to budget their restaurant spending. The research indicates consumer sentiment on dynamic pricing is overwhelmingly negative, and that most customers are unlikely to utilize it in a way that benefits restaurants.
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The Restaurant Technology Network is happy to welcome our new and renewing RTN members in March. These companies are working together to solve industry problems large and small and inspire bold ideas for the future!
Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.
In this time of economic insecurity, payments fraud has the potential to hit businesses harder than ever before. Currently, the average US business is losing $300,000 to payments fraud each year according to the latest Financial Census , a study which surveyed 2,750 senior finance executives across the globe – 15 percent of whom work in the retail, catering and leisure industry.
Celebrate National Nutrition Month Wellness Benefits of Making Time to Dine It’s true that each meal we enjoy won’t be an hours-long, multi-course venture. In fact, some of us struggle to prioritize a break for lunch during our busy day and often feel that scarfing down fast food in our car is the only answer to getting a meal. As a wellness-first foodservice management company, we want you to have time to dine, which is why our readiness standards are designed to maximize a 30-minute lunch brea
The restaurant industry is an increasingly competitive market. And more restaurant owners are searching for ways to encourage repeat customers and successfully grow their businesses. One way to gain a competitive edge is with music – which is often overlooked. Music can help restaurants strengthen relationships with their customers and build loyalty.
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In the waning days of 2022, FDA issued an updated Food Code with several important updates. FDA is responsible for more than a quarter of the U.S. economy, and the Food Code impacts virtually every American. According to FDA, the Food Code: represents the FDA's best advice for a uniform system of provisions that address the safety and protection of food offered at retail and in food service, and while it is a model code that is not required, it has been widely adopted by state, local, tribal
Digitization of food safety data is becoming increasingly important in today’s fast-paced and technology-driven world. With the rise of e-commerce and online food delivery, the need for effective food safety data management is more critical than ever. The post The Rise of Data Digitization in Food Safety appeared first on Hygiena.
Between supply chain issues, a labor crisis and changing customer expectations, most restaurant owners are dealing with lower margins, higher staff turnover, and a wealth of variables that makes profitability difficult to achieve. Fortunately, there are ways to deal with these market dynamics.
To say that small businesses, particularly those in the restaurant industry, have suffered over the past couple of years is an understatement, and unfortunately it doesn’t look like things are getting better any time soon. Strict pandemic restrictions on customers, a systemic labor shortage, serious supply chain problems, and skyrocketing inflation have already decimated local restaurants — and the threat of significantly higher taxes and more regulations and red tape from Washington
Nothing beats the taste of a freshly baked apple pie, but let’s face it, we don’t always have the time or skills to make one from scratch. Thankfully, the frozen food section has our back with a wide variety of options to choose from. In this brand test, we’ll be reviewing three popular brands of frozen apple pie: Marie Callender’s, Sara Lee, and The Village PieMaker.
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03/13/23 Introducing Kitch 24/7 Spices A premier spice line – the building blocks of flavor. Sourced from the highest rated origins, our spices perform in the kitchen with the best of them, and help craft photo-worthy plates. What matters is what’s in the bottle, because what’s in the bottle builds the beauty of the plate. Our Products are Made for you Kitch 24/7 is crafted specifically for the dreamers who dared to open their own business.
Everybody dreams about having the perfect wedding, and you may be surprised, but it’s important to men, also. The main thing about your wedding, as most couples tend to think, is having a great and memorable time both for yourselves and for your guests. You may choose the perfect outfit, select the best venue, and rely on the best bridesmaids, but you should always pay extra attention to what interests most people the most – food, and something to drink, while they’re at it.
We learned earlier this month how the non-alcoholic beverage market is growing rapidly not just for hashtag#DryJanuary but overall and throughout the year. One wine store owner I talked to last month said that 38% of people of drinking age are choosing not to consume alcohol or are consuming LESS of it. That is why Lauren Chitwood and her co-founders created the non-alcoholic brand Spiritless.
LithosPOS gift shop POS system provides improved efficiency and speed in transactions, it minimizes errors and speeds up the checkout process. Additionally, improved inventory management will help you easily track the items based on their category and combinations. Furthermore, the system can track customer data, which can be used to retarget your customers by sending personalized discounts and offers.
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In January, we hit a major anniversary. One I am betting snuck by many of you – including me! January marked 30 years since the deadly 1993 E. coli O157:H7 outbreak at Jack in the Box restaurants on the west coast. The anniversary wasn’t on any of the major news networks that I recall. It did make it into a few newspapers, at least one or two of the newspapers that are left.
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